CBI awarded $350m contract for new combined-cycle gas facility in Southeast

Chicago Bridge & Iron or CB&I (NYSE:CBI) said Aug. 10 that it has been awarded a $350m contract by a company, which it did not identify, for the engineering, procurement, fabrication and construction of a 560-MW combined-cycle gas turbine power station located in the Southeastern United States.

CB&I identified the power plant developer only has a “leading electric power holding company.”

The project will utilize gas turbines capable of operating on a dual-fuel configuration that provides efficiency, reliability, and operational and fuel flexibility.

“CB&I has a long history of providing industry-leading experience in fossil power generation from the early stages of engineering and development, through procurement, fabrication, construction, operation and maintenance,” said Patrick K. Mullen, President of CB&I’s Engineering & Construction operating group. “CB&I is proud to help our customer ensure an affordable, reliable and cleaner energy supply for the future while providing the local community with a project that provides local jobs and values environmental stewardship.”

CB&I last year sold off its Stone & Webster nuclear plant construction business to Westinghouse Electric.

 

About Wayne Barber 4201 Articles
Wayne Barber, Chief Analyst for the GenerationHub, has been covering power generation, energy and natural resources issues at national publications for more than 20 years. Prior to joining PennWell he was editor of Generation Markets Week at SNL Financial for nine years. He has also worked as a business journalist at both McGraw-Hill and Financial Times Energy. Wayne also worked as a newspaper reporter for several years. During his career has visited nuclear reactors and coal mines as well as coal and natural gas power plants. Wayne can be reached at wayneb@pennwell.com.